Credit ratings agency, ICRA has reaffirmed ‘A-’ rating assigned to the Long Term Bank Facilities availed by KEI Industries. This rating is applicable to facilities having tenure of more than one year. Facilities / Instruments with this rating are considered to have adequate degree of safety regarding timely servicing of financial obligations. Such facilities / instruments carry low credit risk.
The ratings agency has also reaffirmed ‘A2+’ rating assigned to Short Term Bank Facilities availed by the company. This rating is applicable to facilities having tenure up to one year. Facilities / Instruments with this rating are considered to have strong degree of safety regarding timely payment / servicing of financial obligations. Such facilities / instruments carry low credit risk.
KEI Industries is a cable manufacturing company. It offers high and low tension cables, control and instrumentation cables, house wires and stainless steel wires, and high-technology specialty cables.
| Company Name | CMP |
|---|---|
| Polycab India | 9079.05 |
| KEI Industries | 5096.80 |
| RR Kabel Ltd. | 1942.95 |
| Finolex Cables | 1141.15 |
| Precision Wire India | 420.90 |
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